Are you curious about the fintech industry in Africa? Do you want to know how mobile money services have transformed financial services on the continent? Are you an entrepreneur looking to secure investment in the competitive landscape of Africa’s fintech industry?
In this episode, we hosted Wiza Jalakasi, Emerging Markets Fintech Expert on our latest podcast episode to explore the African fintech industry, discussing key markets and countries such as Kenya, Nigeria, and South Africa. We also delve into the impact of mobile money services like M-Pesa on the continent and how they have revolutionised financial services for millions of people.
Explore VC models and how it has evolved in Africa over time, providing insights into what investors look for when evaluating startups and offering advice on how to stand out in this competitive landscape.
Listen to the podcast to explore:
- Key markets and countries in the African FinTech industry
- Mobile money services like M-Pesa and their impact on financial services in Africa
- Factors driving growth in the African FinTech industry, including supportive regulatory environments, increasing mobile money adoption rates
- Challenges faced by startups during periods of funding and how they can navigate these challenges to secure investment
- The VC model in Africa and what investors look for when evaluating startups
Highlights
00:04 – Introduction
02:00 – Fintech in Africa
03:30 – How mobile money services like M-Pesa have contributed to the growth of Fintech in Africa
05:20 – VC funding for African startups
07:20 – Opportunities of building a Fintech business
22:30 – The Future of Fintech in Africa